Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) Hits New 12-Month High – Should You Buy?

Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) hit a new 52-week high during trading on Thursday . The stock traded as high as $9.33 and last traded at $9.29, with a volume of 2531 shares trading hands. The stock had previously closed at $8.78.

Wall Street Analyst Weigh In

Separately, Zacks Research raised Nippon Yusen Kabushiki Kaisha to a “hold” rating in a research note on Thursday, May 28th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat, Nippon Yusen Kabushiki Kaisha has a consensus rating of “Hold”.

Nippon Yusen Kabushiki Kaisha Stock Down 1.9%

The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.91 and a current ratio of 0.99. The stock has a market cap of $18.56 billion, a price-to-earnings ratio of 12.90 and a beta of 0.67. The business’s 50 day moving average is $7.65 and its 200 day moving average is $7.28.

Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) last announced its earnings results on Wednesday, August 5th. The company reported $0.15 earnings per share (EPS) for the quarter. The company had revenue of $4.57 billion for the quarter. Nippon Yusen Kabushiki Kaisha had a net margin of 8.88% and a return on equity of 5.54%. Equities analysts expect that Nippon Yusen Kabushiki Kaisha will post 0.79 earnings per share for the current year.

About Nippon Yusen Kabushiki Kaisha

Nippon Yusen Kabushiki Kaisha (NYK Line) is one of the world’s oldest and largest shipping companies, tracing its roots back to 1885 when it was established in Tokyo, Japan. Over more than a century of operations, the company has grown from a modest coastal carrier into a global maritime and logistics provider. NYK is a core member of the Mitsubishi keiretsu and plays a prominent role in international trade by connecting major ports across Asia, Europe, the Americas and beyond.

The company’s principal business activities encompass sea, land and air logistics.